Fed Might Be at Neutral, Not Restrictive Enough: Bianco

The transcript discusses the current financial conditions, focusing on whether the Federal Reserve's interest rate is sufficiently restrictive. It questions if the current rate is merely neutral, which might explain the persistent inflation and lack of economic downturn. The discussion also covers market reactions and expectations for future rate increases.

What does the term 'no landing' refer to in the context of the current economic situation?

Why might the inflation rate be described as 'sticky'?